Rates remain steady in June while the Fed contemplates next rate hike

The Federal Reserve is meeting this week and are expected to announce a 75-basis point rate increase. In anticipation of this increase, the yield on the 10-year Treasury has risen to nearly 3.5% this week, up from 3.04% last Friday, the pricing date for the June 504 Debenture funding.

Are you ready to capitalize on a fixed-rate 504 loan?
Contact a TCM loan officer to get things started.

 

Note: 10-year 504 loan fundings occur on an every other month basis. The above rate reflects the 10-year 504 rate for the May, 2022 funding.

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Contact Us

Our loan officers listed below can be reached at 651.481.8081 or toll-free at 1.888.481.4504. 

Debby Gustafson, ext.34 debby.gustafson@tcmcdc.com
Angie Way, ext. 18 angie.way@tcmcdc.com

Sheil Nelson, ext.16 sheil.nelson@tcmcdc.com
Rachel Edgar, ext. 25 rachel.edgar@tcmcdc.com

Mike Kinderman, ext. 32 mike.kinderman@tcmcdc.com 
Heidi Pautsch, ext. 14 heidi.pautsch@tcmcdc.com

About Us
TCM has been a leader in SBA 504 financing since its inception in 1990. TCM provides SBA 504 lending throughout the state of Minnesota and select counties in Wisconsin including Polk, Barron, St. Croix, Dunn, Pierce, Pepin, Buffalo, Treapealeau, and LaCrosse. For more information about TCM and the SBA 504 financing tool, visit www.504lending.com.